Vanderlande agrees to acquire Siemens Logistics

Oct 31, 2024 · Acquisition · Vanderlande · Warehouse Logistics

Vanderlande agreed to acquire Siemens Logistics from Siemens AG for an enterprise value of EUR 300 million.

Verified eventVanderlandeOct 31, 2024
  • The acquisition expanded Vanderlande’s airport logistics automation business.
  • Siemens framed Vanderlande as a strategic long-term owner for the baggage and cargo handling operation.